Violation Tracker Individual Record

Company: 
Arthur J. Gallagher & Co.
Current Parent Company: 
Arthur J. Gallagher & Co.
Penalty: 
$27,000,000
Year: 
2005
Date: 
May 18, 2005
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

Arthur J. Gallagher & Co. agreed to pay back $27 million to clients in settlement of allegations the insurance brokerage company accepted millions of dollars from insurers in exchange for steering clients toward those favored companies.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Illinois Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Illinois
Facility City: 
Chicago
HQ Country of Parent: 
USA
HQ State of Parent: 
Illinois
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.